Iowa Trust and Savings Bank, with offices in Centerville and Moravia, partnered with local schools to celebrate “Teach Children to Save” with savings education on April 23.
Local children explored general bank products and services, learned how to identify expenses and how to save for the things that they want.
Established by the American Bankers Association in 1997, “Teach Children to Save” has reached more than 5.6 million young people through the commitment of more than 121,000 banker volunteers.
“This program gives us the opportunity to use our life experiences and banking knowledge to motivate students to become lifelong savers,” said Renate Deininger, executive vice president of Iowa Trust and Savings Bank.
On April 23, employees of Iowa Trust and Savings Bank presented a program to the Family and Consumer Science Class at Centerville High School and to the sixth graders at Moravia School. On April 24, the Moravia preschool made a visit to the Moravia office of Iowa Trust and Savings Bank for a hands on tour of the facility.
“When we teach children to save we are promoting a lifetime of habit,” said Deininger. “Teaching students to save is good for our future.”
Sponsored by the Iowa Bankers Association and the American Bankers Association Education Foundation, National “Teach Children to Save” day is a day in April each year when bankers make presentations in schools across the country to students in kindergarten through 12th grade.
Iowa Trust and Savings Bank is excited to be part of the American Bankers Association Education Foundation-sponsored program. The association’s signature program, “Teach Children to Save,” brings bankers and students together to increase financial literacy and is just one way that Iowa Trust and Savings Bank is committed to serving the community.